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16 April, 00:46

Which of the following statements is true?

a. a 30 year fixed mortgage will always result in the lowest payment

b. you must have atleast a 20% down payment to get a competitive interest rate

c. the lower your interest rate is, the lower your monthly payment is

d. the faster you pay off your mortgage, the lower your monthly payments are

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Answers (1)
  1. 16 April, 01:18
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    The answer is b is the correct answer
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